Who are We
The Standard Transfer Specification (STS) has become recognised as the only globally accepted open standard for prepayment systems, ensuring inter-operability between system components from different manufacturers of prepayment systems.  The application of the technology is licensed through the STS Association, thus ensuring that the appropriate encryption key management practices are applied to protect the security of the prepayment transactions of utilities operating to protect the security of the prepayment transactions of utilities operating STS systems.  It has become established as a de facto worldwide standard for transfer of electricity prepayment tokens since its initial introduction in South Africa in 1993.

It has become established as a worldwide standard for the transfer of electricity prepayment tokens since its introduction in South Africa in 1993 and subsequent publication by the International Electrotechnical Commission as the IEC62055 series of specifications.